In this article, we will talk about how to combine Harmonic Pattern with Volume Zone Oscillator to trade in Forex and Stock market. Firstly, Harmonic Patterns include Butterfly, Gartley, Bat, Alternate Bat, AB=CD, Shark, Crab, Deep Crab, Cypher, 5-0 Patterns, 3 Drives Pattern and so on. Harmonic pattern is the good strategy to predict the turning point in Forex and Stock market. You can use Volume Zone Oscillator to confirm the turning point you have found with Harmonic Pattern. Volume Zone Oscillator is one of the very few oscillator utilizing volumes. Like RSI or CCI, the Volume Zone Oscillator is a great tool to identify overbought and oversold timing for your trading. Here is free download link for volume zone oscillator.
You can also use volume zone oscillator together for the secondary confirmation tool for your harmonic pattern trading. You can use this free volume zone oscillator with our harmonic pattern indicators listed here. If you are using any of our harmonic pattern indicators, then do not miss to add this free Volume zone oscillator in your technical indicator library.
1. Harmonic Pattern Plus (2014)
Harmonic Pattern Plus is one of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Zone, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, and automatic channel detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Still this is the first choice day trading tool for many new Forex traders. Harmonic pattern plus is extremely good product for the price. This is type 1 harmonic pattern indicator.
Harmonic Pattern Scenario Planner is an advanced Harmonic Pattern indicator with many tactical features. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. This tool is sought by many experienced Forex traders. This is type 1 and type 3 harmonic pattern indicator.
Below are the Links to Harmonic Pattern Scenario Planner
X3 Chart Pattern Scanner is our next generation Chart Pattern Scanner. This is non-repainting and non-lagging Harmonic Pattern Indicator as well as Elliott Wave pattern detector. On top of that pattern detection features, X3 Chart Pattern Scanner can detect Elliott Wave Pattern and X3 Chart Patterns. As a bonus, this Harmonic Pattern Indicator can detect around 52 Japanese candlstick patterns for your trading as well as advanced channel. This is the most advanced Harmonic Pattern and Elliott Wave pattern detector in the market. You must try. This is our next generation Harmonic Pattern and Elliott Wave Detector.